Loans

An SMA2 loan which has been given moratorium and is not serviced by the borrower becomes an NPA by March 30. Such a loan will attract total provisioning of 10%, of which 5% will be as of March-end and another 5% at the close of the June quarter.

Loan sanctions fell 34% in the September quarter, a year after the NBFC liquidity crisis at IL&FS. Total NBFC sanctions fell to Rs 1.9 lakh crore at the end of September from Rs 2.9 lakh crore during the same period last year.

The latest MSME Pulse Report jointly published by TransUnion CIBIL and SIDBI in March 2019 shows that the MSME sector’s credit exposure (as of December 2018) now constitutes 23% of the overall exposure to businesses.

In order to exhibit the model stretches of national highways as per norms, NHAI plans to develop 57 stretches of NH (1,735 kms) across the length and breadth of the country near each state capital, the NHAI official said. These model stretches will serve as a platform to instruct the highway engineers.